Self Reflection time

 

I have been trading for just over a year now and yet to see some consistency. I have tried everything from multiday breakouts to afternoon breakouts, overnight holds you name it. I have watched numerous dvds several times over and put in 8-10 hour study days... 

I am at the point where I need to do some statistical analysis on myself and my setups.. I think every trader goes through a learning curve where they try everything at first and try be a master of all trades so to speak... All it takes is to master 1 setup. I have found some moderate winning% with Multiday breakouts so I will be tracking them very closely for the next month and we will see if there is any change. Will update shortly.

Main problems:

1. I need to take responsibility for my actions and not blame the market!

2. Need to hone in on 1 setup and master every angle of it!

3. Need to work on buying off support with a tight risk:reward ratio

4. Need to find a way to really analyze myself and figure out what I am doing wrong

Watch this space